An Oregon's workers' compensation official has announced he wants to research the numbers before accepting a $623,000 deal with American International Group to settle charges the company cheated on comp taxes and assessments.
“To accept the full Oregon settlement, the State of Oregon is required to sign a release. At this time, we are not prepared to do that for several reasons,” wrote John Shilts, administrator of the Oregon Workers' Compensation Division.
The restitution arrangement for Oregon, 49 other states and Washington D.C. was worked out with the New York attorney general's office and insurance department as part of a $1.6 billion agreement to settle accounting fraud charges against the company.
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